30th July 2010

Plug-in energy saver secures funding for global break-out

23rd February 2010

From left: Dr Ilett and Shaun Merrick.

From left: Dr Ilett and Shaun Merrick.

A YORKSHIRE-made energy saving device looks set to go global, thanks to £30,000 of investment.

Investors Dr Chris Ilett and Alan Needle of the Yorkshire Association of Business Angels have provided the funding to help Grimsby-based Energy Optimizers develop its ground-breaking device the PLOGG and expand its sales in the US and Australian markets.

The financial backing for the device has also helped the company secure additional lending to create an overall investment of £150,000.

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